Question

A shopkeeper sold a bicycle at a certain price in curing 6% loss if he had sold it for rupees 588 more he would have made a profit of 8% what was the cost price of the bicycle to the shopkeeper? ​

Answer 1

Answer:

The c.p of the bicycle is 4200

Answer 2

Answer:4200

Step-by-step explanation:

SP=94X( let cost price be 100X)

Therefore,94X+588=108X( profit of 8%)

588=108X-94X

588=14X

588/14=X

42=X

Therefore,CP=100*42

CP=4200